Star (NASDAQ:STHO) Upgraded by Wall Street Zen to Hold Rating

Star (NASDAQ:STHO) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Star in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Star has a consensus rating of “Sell”.

Star Stock Performance

Shares of NASDAQ STHO opened at $8.10 on Friday. Star has a 1 year low of $6.05 and a 1 year high of $9.25. The firm has a market cap of $97.93 million, a P/E ratio of -1.66 and a beta of 1.20. The stock has a fifty day moving average price of $8.11 and a two-hundred day moving average price of $7.99. The company has a debt-to-equity ratio of 1.01, a quick ratio of 7.84 and a current ratio of 7.84.

Institutional Trading of Star

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. TCW Group Inc. grew its position in Star by 0.3% in the fourth quarter. TCW Group Inc. now owns 608,413 shares of the company’s stock worth $5,007,000 after buying an additional 2,000 shares during the last quarter. PCM Encore LLC acquired a new stake in shares of Star during the 4th quarter valued at $147,000. Renaissance Technologies LLC lifted its position in shares of Star by 8.7% during the 4th quarter. Renaissance Technologies LLC now owns 37,815 shares of the company’s stock valued at $311,000 after acquiring an additional 3,016 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Star by 99.3% during the 4th quarter. Cerity Partners LLC now owns 35,020 shares of the company’s stock worth $288,000 after acquiring an additional 17,447 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Star during the 4th quarter worth $160,000. 89.31% of the stock is owned by institutional investors and hedge funds.

Star Company Profile

Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects. Star Holdings is based in New York, New York.